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Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.

Future products: Land Rover will get hybrids, smaller vehicles

New owner Tata Motors promises that Land Rover will add smaller vehicles and hybrid powerplants, but it hasn't said much about the timing. Land Rover will continue to share components with Jaguar, which is also under Tata ownership. Land Rover already uses Jaguar's 5.0-liter V8 engine in all but one of its vehicles.

Speading plea as fines quadruple

A MOTHER whose two-year-old son was one of eight people who died in a horrific road crash has spoken of the need for motorists to "break the habit of speeding to prevent more needless deaths". Tracey Mohabir's comments came as the Government announced a four-fold increase in fines available to magistrates, meaning motorway speeders could be forced to pay up to £10,000. Mrs Mohabir's son Marcus was travelling with his father Steve and two friends, Toby and Kate Beasley, when their Land Rover was hit by a speeding BMW which crashed through the central reservation on the A23 near Pycombe, Sussex, on May 16 2004.